Director of Finance Job at City of Bangor, Maine, Bangor, ME

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  • City of Bangor, Maine
  • Bangor, ME

Job Description

Do you enjoy crunching numbers? Seeking a fulfilling career? This opportunity may be for you. The City of Bangor is seeking candidates for the position of Finance Director. This is a highly visible leadership position, responsible for ensuring the City's financial resources are properly utilized, accounted for, and safeguarded. This includes the planning, directing, and coordinating the accounting, budgeting, treasury, auditing, and debt management operations of the city.  TO APPLY and for more information, go to City of Bangor website at   Responsibilities Serves as a high-level leader in the organization reporting directly to the City Manager, providing insight and support to current and future programs and goals for all functions of the City. Provides support and direction to Department Directors and Division Heads on a variety of procedures and processes. Plans, organizes, directs and reviews budget preparation and execution, revenue collection, fund accounting, and internal auditing for the City within established deadlines; develops revenue estimates and prepares City’s annual budget for submittal to City Manager and City Council; administers budget upon approval. Leads departmental personnel management activities including recruitment and development, performance evaluations, and corrective action of employees. Monitors all City department accounts by following prescribed accounting policies and statutes, reviewing departmental budget requests, and advising department heads of proper accounting procedures and practices. Supervises disbursement of all City monies and controls all expenditures to assure budget appropriations are not exceeded. Assists City Manager and other officials with developing and implementing City policies, procedures and projects, including bond issues, financial forecasting and analyses, capital improvements investment of City monies, and other financial, budgeting and operating policies. Oversees the development and implementation of departmental policies, procedures, and systems to provide appropriate internal financial controls and improve operational efficiency. Ensures compliance with the issuance of debt. This may involve serving as main liaison with Municipal bond Rating Agencies, City Financial Advisor, Bond Counsel, and other local financial institutions; and negotiating short-term revenue notes or tax anticipation loans based on analyses and estimates of municipal bank balances, receipts, and expenditures. Coordinates City efforts as required to ensure accuracy and timelines of annual outside financial audit; coordinates City response to any audit findings and recommendations included in management letter. Assists other key executive staff in understanding and complying with standard accounting/budgeting procedures, grant application and management, developing cost-benefit analyses of various City programs and services, developing cost of service information related to establishing fees for service, and responding to financial questions from the Council, the Manager, and the public. Continually reviews City’s overall financial and budgetary status, identifies areas of potential financial problems and weaknesses and brings these to the attention of the City Manager and City Council along with recommendations on how to address these problems. Attends City Council sub-committee(s) and full City Council meetings, as appropriate or required; prepares agenda items and informational reports as required/necessary; develops and presents policy and operational recommendations to the City Manager/City Council. Represents City and Department before civic, professional and community groups; acts as primary spokesperson for the department through issuance of public statements and interaction with the media. Performs related duties as assigned. Qualifications Considerable knowledge of accounting, finance, and management equivalent to an advanced degree in Public Finance or Accounting and/or equivalent training and at least seven years’ experience in a mid to high-level financial position is required; municipal or governmental environment with CPA is preferred. Leadership experience and ability to professionally and effectively communicate both orally and in writing. This position will require a full satisfactory background and credit check to be completed. Benefits This is a full-time Exempt position with a comprehensive benefits package. Highlights include: ~ Several insurance options, including low-deductible medical insurance, with up to 80% of health insurance paid for by the City. ~ Retirement plan with generous employer contribution. ~ Paid time off with four weeks of vacation and three weeks of sick time in first year. ~13 Paid holidays. ~ Contributing in a significant way to your local community.

Job Tags

Holiday work, Full time, Temporary work, Local area,

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